Business For Sale

Very Profitable & Best Bagel in Town!

Not Disclosed, NJ
Passaic County


Asking Price: Annual Revenue:
$129,000 $268,248

Food & Beverage: Restaurants, Fast Food, Deli


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RE: Very Profitable & Best Bagel in Town! Broker: Seth Kain

Quick Facts

Asking Price: $129,000
Annual Revenue: $268,248
Net Profit: Not Disclosed
Cash Flow: $109,297
Total Debt: Not Disclosed
FF&E: $55,000
Real Estate: Not Disclosed
Year Established: 7
Employees: 2
BBN Listing #: 56752979
Broker Reference #: 6217SK

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Business Overview:

Priced To Sell! Newly-renovated bagel/deli off a major thoroughfare in a nice, safe town. Bakes fresh bagels daily. Seller has his own back parking lot w/a door on both sides. He’s highly motivated due to health issues. Brand new interior walls, a new floor & a new ceiling. Brand new motors installed for the grill, vent & oven. All Furniture, Fixtures, & Equipment valued @ $55,000 in excellent condition included in sale. Close to a full size basement for storage. Has multiple corp. accounts & provides free delivery service for large existing customer base. Present specialty menu items draws many new customers. Good to add Uber Eats, Grubhub & more menu items. New qualified tenant can do a lease assignment or should get a longer lease. Contact Seth for additional details & showing.

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Property Features and Assets:

There’s approximately 1,000 square feet on the main level & approximately 850 feet of space in the basement. The main level was completely renovated (6) months ago which was mentioned above. Present owner has roughly (4) years left on a (5) year lease with (5) option years. A new qualified tenant can either get a lease assignment or should be able to get a long or lease term if desired.

Market Competition and Expansion:

There’s only one bagel/deli or bagel store within roughly 3 miles besides this one Dunkin Donuts. The Store presently has a 4.8 out of 5 star rating on Google. The reviews focus on their high quality food and very friendly service. A new owner should add Uber Eats and Grubhub. It’d also be a plus to expand its catering business by trying to increase its corporate client base. Some voucher advertising to area residents should boost gross sales as well.

Reason for Selling:

Owner has a health issue and is having a great difficulty in running this.

Additional Details:

  • The property is leased.
  • The owner is willing to train/assist the new owner.
  • This is not a homebased business opportunity.
  • This is not a franchise resale opportunity.

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Disclaimer:

The information has been supplied by the Seller. BBN has not verified any of the information provided in this listing. Any agreement or decision by a buyer to pursue a transaction of this listing should be based on further investigation and due diligence. BBN expressly disclaims any and all liability resulting from the sale of this business. For full disclosure please read BBN's full Legal Disclaimer.


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